Know What's Happening in Finance
Know What's Happening in Finance
Klarna secures $1.7B risk transfer and $2B funding facility to boost lending
Klarna unveiled a $2 billion forward‑flow facility with Elliott Investment Management that will back up to $17 billion of U.S. loan originations over the next three years. It also completed a €1.7 billion Significant Risk Transfer led by Värde Partners, freeing capital for broader lending.
Also developing:
India’s Employees’ Provident Fund Organisation (EPFO) has forecast a 12.4% jump in total contributions for FY 2026‑27, targeting ₹3.80 lakh crore, up from ₹3.38 lakh crore in FY 2025‑26. The increase is driven by the PM Viksit Bharat Rozgar Yojana, which seeks to create 29 million formal jobs and offers wage subsidies for new entrants. EPF contributions will account for 78.7% of the total, while EPS and EDLI see modest variations. Early enrolment data shows 20.7 million subscribers in 2024‑25 and 8.19 million new members in the first four months of 2025‑26.
Zambia and the United Kingdom have signed an amendment that reduces Zambia's outstanding debt to the UK from $291 million to about $277 million and pushes the final repayment deadline from 2032 to 2043. The deal is part of Zambia’s broader debt‑restructuring...
The EU Digital Operational Resilience Act (DORA) has been in force since January 2025, obligating financial services firms to retain operational control during severe IT incidents, not merely avoid failures. While many institutions have bolstered continuity and cyber‑response capabilities, a Veeam‑commissioned...
Kalshi markets on oil futures is crazy because it’s a 2nd derivative. Current oil price-> CL futures (first derivative) -> Kalshi (2nd derivative). Leads to very odd dynamics if Kalshi markets get big enough
Iran’s financial markets entered a pronounced lull after US and Israeli strikes heightened geopolitical risk, leaving many trading venues partially shut and liquidity thin. Online dollar pricing via USDT surged to IRR 1,550,000 per dollar, yet physical dollar dealers accept roughly...
Aircraft leasing activity in India's International Financial Services Centre (IFSC) at GIFT City surged from 63 units in December 2024 to 196 units by December 2025, a 211% increase. The leased fleet, now valued at $6.886 billion, attracted $615 million of financing...
Germany’s Federal Intelligence Service (BND) disclosed that Russia’s 2025 federal budget deficit is actually just over 8 trillion rubles (~€89 billion), far higher than the Kremlin’s published figure. The agency also found that Russian military expenditures have been concealed, running up to...
Private credit is in a strange place today. The economy is tied to the cost of money. Low interest rates mean cheap borrowing, which in theory should lead to higher utilization of credit facilities. Conversely, high interest rates mean less affordable...
The next wave of AI disruption may hit unexpected professions first. Peter Thiel suggests roles built around mathematics and quantitative analysis could be more exposed than language-heavy work. Banks are already hinting that advances in AI could mean leaner teams in finance....
High‑conviction, concentrated portfolios are championed by UK fund legends like Nick Train and Terry Smith, and by hedge funds such as TCI and Pershing Square. While a few have delivered spectacular returns—Pershing Square’s 325% NAV gain—most concentrated funds exhibit volatile...
FrieslandCampina reported €13.4 bn revenue and a 3.8% drop in operating profit for FY2025, while milk volume rose 2.4% – the first increase in eight years. The co‑op faced a perfect‑storm of commodity price pressure and a global milk oversupply that...
If you saw the BlackRock headline this week and your first thought was "should I be worried about my own investments," you're not the only one. But the thing you're worried about probably isn't what you think it is.
Most SaaS founders know their ARR. Very few can explain where it came from. I've sat in dozens of board meetings where someone says "ARR is up 20%" and the room nods. Then a board member asks "how much of that...
Solvency II Wire Data unveiled a suite of upgrades to its SFCR platform ahead of the 2026 reporting season. The enhancements include a multilingual search engine that scans over 24,000 Solvency and Financial Condition Reports and automatically translates English queries into European languages....
She had $1.2 million in cash. Three years. Waiting for the "right time" to invest. She thought cash was safe. Zero risk. She didn't realise she was already taking the biggest risk of all.
Cost centers are support functions that do not generate revenue but are essential for a company’s operations, such as IT, HR, and customer service. They are classified as personal (people‑focused) or impersonal (equipment‑focused) and are measured by their ability to...
Bujeti, a Lagos‑based fintech founded in 2021, has transformed from a diaspora remittance app into a comprehensive finance control centre for African businesses. The platform now offers corporate cards, expense limits, payroll, automated VAT vaults and an AI‑powered assistant, serving...
Stop scrolling if you hold construction equities. Takeover rumors are actively destroying contract values right now. 1. MACC probe costs IJM a data center deal 2. MoF intercepts Sunway takeover of IJM 3. State funds clash over MRCB mega-merger Detailed Breakdown ↓↓↓ #BursaMalaysia #Equities
We’re eating our own dog food. We’ve begun using our own platform to settle inter-company settlements — $68M across 8 entities. Under 30 minutes. 24/7. Our Treasury team did this with USDC and Circle Mint — replacing fiat wires that take 1-3...
Stanza Living reported a Rs 130 crore profit for FY25, reversing a Rs 273 crore loss from the prior year. The turnaround was powered by a Rs 277 crore miscellaneous income line, while operating revenue slipped 6.6% to Rs 545.5 crore. Total expenses fell...
Major Business News on March 6, 2026: 1. Court of Appeal to rule on RM1.7b pensioners payout 2. Ekovest secures 54-year highway concession 3. Datuk Seri Johari Abdul Ghani nears mandatory offer threshold 4. Datuk Tiong King Sing exits Timberwell at RM12.8 million Source: The...
Realbotix Corp. posted a 121% revenue jump to $2.0 million for FY 2025, driven by its Simulacra acquisition and a shift toward AI‑powered robotics. Gross margins rose to 34.3% while net loss narrowed to $6.3 million after exiting its cryptocurrency business and generating...
Thought? BlackRock investors rushed to pull their money out and withdrawals were suddenly locked. Halting withdrawals typically signals serious liquidity problems and can trigger panic in the financial system.
This has been happening for a long time. Often there is a potential legitimate reason to buy each other’s stuff, but…it more often than not ends up as shelfware. In diligence, I always compare new customer close dates to new vendor...
A new study uses large‑language‑model techniques to convert the IMF’s 70‑year AREAER narrative archive into a daily, country‑level dataset of cross‑border financial restrictions (iBoP‑C and iBoP‑S). The high‑frequency indices reveal a stop‑go pattern of financial liberalisation, with advanced economies easing...
AI cuts costs. AI also cuts the cost of fraud. The same tooling driving efficiency is fueling the fraud surge. Financial services can't run an AI productivity strategy without a parallel fraud controls strategy. AI was meant to boost productivity. It...
High yield credit (HYG) down 0.5% on March 6th. When junk bonds sell off alongside equities, it means credit markets are sniffing out real economic stress, not just a volatility event. Watch HYG. It leads. Always. https://t.co/HpbzOsBALw
Planet Financial Group reported a 58% jump in originations to $28.6 billion and a 21% increase in its servicing portfolio to $144.8 billion for 2025, achieved organically despite recent acquisitions. The growth was driven by strong retail retention (52% rise to $2.5 billion)...
NEW @PuckNews: On heels of Telegraph acquisition, Mathias Döpfner told charges that Axel Springer was unlikely to make more big acquisitions in near future, noting that Murdochs were unlikely to sell The Wall Street Journal, which Springer couldn’t afford anyway. https://t.co/1NKCcK3NXz
Despite what you read daily in the press, the de-dollarization narrative doesn’t have legs. In 2025, overseas investors bought a net $1.55 trillion in long term US financial assets. That’s UP 31.4% since 2024. https://t.co/NUFKLfdh4l
Month‑end close remains one of finance's most labor‑intensive tasks, with spreadsheets and manual reconciliations still dominant despite ERP deployments. CFOs are now adding automation layers that ingest data from payments, banks, and internal systems to reconcile records using rules and...
The thing is, the current secondary market prices of liquid private credit vehicles (BDCs) are implying a default rate north of 20%, far in excess of anything experienced during the GFC and greater than UBS’s draconian “worst case” scenario
A recent Robert Half survey shows only 6 % of finance teams possess needed skills, with 53 % reporting widening gaps and hiring shortages persisting. Liberty Bank’s CFO Paul Young tackled this by launching a combined apprenticeship and job‑rotation program in 2022,...
The Internal Revenue Service has issued proposed regulations to withdraw the basis‑shifting transaction‑of‑interest (TOI) reporting rules that were finalized in January 2025. The withdrawal would be treated as effective retroactively to Jan. 14, 2025, allowing taxpayers and advisers to consider the rules...
Alchemy Pay announced it secured a Money Transmitter License in Delaware, bringing its total U.S. state coverage to 15. The company added four licenses this year, including Nebraska, South Dakota and West Virginia, expanding its regulated fiat‑crypto payment network. Alchemy...
Jackson Hospital & Clinic in Alabama has filed Chapter 11, offering bondholders an estimated 18.7% recovery on par, or 22.9% for the broader secured class. The $87.5 million secured claim pool will be paid via a $2.5 million cash injection, $7.5 million senior unsecured...
Galapagos NV announced the creation of 1,750,000 subscription rights under its new Subscription Right Plan 2026, aimed at current and future employees. Each right entitles the holder to subscribe for one new share, expanding the pool of employee equity incentives....
Aqua Finance is re‑entering the securitization market with a $381.3 million asset‑backed security backed by loans for water‑treatment equipment, home‑improvement projects, marine craft and recreational vehicles. Originations through Q4 2025 jumped 30.6% year‑over‑year, fueled by new partnerships that lifted borrower quality to...
Mortgage rates remained relatively flat this week despite opposing forces in the bond market. A sharp surge in oil prices initially pushed rates higher by stoking inflation concerns, but a surprisingly weak jobs report later that day pulled yields down....
Lufthansa Group posted a €1.339 billion net profit for 2025, a 3% decline from 2024 and trailing Air France‑KLM and IAG. Revenue rose 5.4% to €39.6 billion, while Adjusted EBIT jumped 19% and operating margin edged to 4.9%. Within the group, Lufthansa...
Priority 1 Issuer Logistics DAC has published its consolidated management accounts and interim management report for the three‑month period ended 31 December 2025. The Q4 FY25 investor update is now accessible via the company’s investor portal and Oslo Børs NewsWeb. The filing...
Awilco LNG ASA announced a conditional private placement of 77.3 million new shares, raising roughly NOK 251.3 million (US$26 million). The proceeds will finance the launch of its ALNG Trading subsidiary, cover pre‑payments under its sale‑leaseback facilities with China Development Bank, and extend...
In early 2023, Quebec‑based Oxio sold its ISP business to Cogeco for $100 million and rebranded as Gaiia, a software platform for challenger ISPs. The spin‑out entered a seed round of $13 million, but with less than $1 million in revenue and a...
Swift has introduced a new framework for retail cross‑border payments, with over 25 banks slated to process transactions under the rules by June. The initiative expands Swift’s traditional focus on interbank and commercial transfers to consumer‑level payments, targeting faster settlement,...
Okay. I've been seeing this make the rounds. It is just a large misunderstanding of the second graph, to the extent that it's drawing the wrong conclusions. The price of electricity from solar and wind in the US *has* flatlined...
Cloud cost management strategies for upcoming volatile decade. < My comments within... https://t.co/Zpgqt1oMun #CIO #CostManagement #TBM #FinOps #Cloud
In this episode Steve Bragg explains unclaimed property—assets like uncashed checks, dormant accounts, and gift‑card balances that remain on a company's books until state law forces a transfer. He outlines the fragmented state‑by‑state legal framework, the priority rules that determine...
US airlines no longer hedge fuel costs. That could hurt margins if Iran conflict lingers - https://t.co/LvmzI2bxEL
The IRS’s 2026 Dirty Dozen list introduces a new entry targeting abusive undistributed long‑term capital gains claims filed on Form 2439. Scammers are inflating or fabricating these filings, often linking them to nonexistent or misrepresented investment funds and real‑estate trusts. The...
The IRS and Treasury have issued proposed regulations for the Trump‑account pilot program, which will deposit a one‑time $1,000 into accounts for children born between 2025 and 2028. The rules clarify the election process, eligibility criteria, and the new Form 4547...
